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uses a blended average of a series of assumptions pertaining to a bear/base/bull estimates that are based on ev/sales and ev/ebitda multiples from a set of comparable companies compared to similar bear/base/bull earning estimates. see also: tesla shares drop as alameda county says fremont factory 'not...
https://www.benzinga.com/analyst-ratings/analyst-color/20/03/15579852/bofa-is-less-bearish-on-tesla-now-upgrades-stock